The European Commission is poised to fine Facebook for misleading authorities during its takeover of WhatsApp the messaging service in 2014 according to the latest case of Brussels flexing their muscles. The commission will not reverse its decision on the merger itself but is expected to levy a large penalty to deter other groups from…
Sociologist, Donna Freitas after interviewing 200 students from 13 US colleges about their social media addictions, writes in her latest book, “Students express near universal adoration of Snapchat. They can say dumb things, and take goofy, ugly photographs and parade them to other people, and can be sad, mean and negative.” Social media has…
Facebook Snapchat $ $ Market Capitalisation 395bn 31bn Funds Raised at IPO 166bn 3.4bn Daily Active users 1.3bn 160m Revenue 2016 27.6bn 404m Profit 2016 10.2bn -515m Snapchat investor who have given a market value of more than $30bn hope it can effectively compete with Facebook on online advertising. Evan Spiegel CEO of Snapchat…
Snapchat, the messaging app owners has slashed its proposed one of the largest US tech listings, as the company prepares for marketing campaign. Snap had earlier aimed for a valuation of £25bn, but a price of $14 to 416 a share is revealed in the updated regulatory filing, puts the market valuation to $16.2bn to…
Snapchat one of the largest technology initial public offering company based on a quiet street leading to the Venice boardwalk in Los Angeles. eclipsing the Henna tattoo and hemp clothing stalls. Snapchat’s IPO is expected to be valued at $25bn and founder and CEO Evan Spiegel is enjoying the success after luring software developers to…
A US court Jury found Facebook and other defendants unlawfully used a firm’s virtual reality technology and the Dallas district court has ordered Facebook and other defendants to pay $500m (£395m). The Jury found Oculus, which Facebook bought in 2014, used computer code belonging to video game developer Zenimax to launch its own VR headset.…
Facebook and global advertising and public relations company WPP, has launched “ creative Ambassador Programme” in India that will empower WPP creative agencies to develop mobile first creative for their clients. Facebook and WPP will work together to instill rich creative expression on Facebook and Instagram that are beneficial for clients and people. Facebook is…
Facebook-owned, WhatsApp, the instant messaging app on Tuesday 15th November 2016, launched its video calling feature with over billion users. The feature will be available on all platforms – Android, iOS and Windows. WhatsApp started with messaging, Group Chat and voice calling. When you receive the WhatsApp app update with the video calling feature you…
Instagram is rolling out live video in its photo app, and hopes to lure users away from traditionally televised events. “Live is really exciting for us. I think it can enhance what we’re doing,” Kevin Systrom CEO of Instagram said. “ To strengthen relationships with someone I love, those streaming video to me live would…
The San Francisco based Twitter has held talks with Google and Salesforce, an enterprise software company, on a potential arrangement to buy the social media pioneer. The company has been working for several weeks with Goldman Sachs to explore a sale of the group, who approached several global media companies to inspire an interest where…